Question: Please show the workings . Question 5 [10 marks] The internal reports of Caf Ltd reveal the following divisional information (in $000): (20) Fruit Segment
Please show the workings .
Question 5 [10 marks] The internal reports of Caf Ltd reveal the following divisional information (in $000): (20) Fruit Segment revenue Segment profit/(loss) Segment assets Coffee 420 30 110 Cakes 50 2 15 Water 60 40 15 (40) 45 Total 545 (28) 210 Use the materiality criterion in AASB 8 Operating Segments to determine which of the divisions are reporting business segments. Show all supporting information clearly identifying why. Division Reporting Segment? Reason (Yes or No) Coffee YES All segments of coffee is reportable as satisfy 10% or more. Cakes INO All segments cakes are not reportable as it doesn't satisfy 10% or more Water YES All segments of water is reportable as satisfy 10% or more. Fruit YES Revenue segment of Fruit is not reportable but Assets and Total Absolute Profit / Loss segment is reportable as satisfy 10% or more Supporting workings and reasoning
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